Member Article

Brokers Prefer Instant Decisions

Contrary to popular opinion the appetite for investment property post Brexit remains strong. Unlike many lenders whose immediate reaction was to withdraw funding or impose significant changes in criteria Holme Finance Bridging Solutions (HFBS) recognise both brokers and their clients need stability which is why their sensible approach to underwriting is simply a prefered solution.

HFBS provide clear underwriting guidance, make instant decisions and, importantly, haven’t imposed changes in criteria on pipeline deals or failed to honour an agreed advance. This winning formula for the company has seen a steep increase in broker approaches and record lending levels achieved in July.

With an average completion less than seven days from enquiry to money in the bank, no solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, HFBS really mean business.

Ian Broadbent, Director at HFBS says: “We are in the business of supporting our brokers and individual clients with a genuine short term need and consistent, reliable lending decisions are key. A lot of lenders ran for hills post referendum but we haven’t because demand is there and we’re simply giving our brokers what they want – a good working relationship, quick turnaround of funds, and simplicity.”

HFBS offer the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month on advances from £50,000. HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 15 years with complete authority on their lending. Simpler, quicker, cheaper.

This was posted in Bdaily's Members' News section by Holme Finance Bridging Solutions .